Global Ports Share Discussion Threads

[livewireplus] 03/1/2023 08:36

Happy New Year ....First cruise ship of this year arrives in Ayd?n's Ku?adas?https://www.hurriyetdailynews.com/first-cruise-ship-of-this-year-arrives-in-aydins-kusadasi-179803

[livewireplus] 29/12/2022 14:31

And the rise in share price continues today - but can't find any info on internet that might account for it ... await with interest ....

[livewireplus] 21/12/2022 10:20

Cagliari in recovery: in 2022 152 thousand passengers transitedNot record-breaking figures, but they certify the recovery after the pandemichttps://www.unionesarda.it/en/cruises-cagliari-in-recovery-in-2022-152-thousand-passengers-transited-yyj51f0s

[jun_man] 13/12/2022 14:21

Those following this thread will doubtless have already seen, but GPH released its interim results today. They have updated that they expect full year EBITDA to be ahead of expectations, and the share price has bumped up to £1.20. From my read, most of the big picture content is as expected and a rehash of what has already been announced. Nassau completion still on track, upcoming projects in Canary Islands and Puerto Rico unchanged.

[livewireplus] 07/12/2022 11:59

The Podgorica government would aim for a merger between Luka Bar and Port of Adriahttps://www.informare.it/m/?n=%2Fnews%2Fgennews%2F2022%2F20221784%2Dgoverno%2DPodgorica%2Dverso%2Dfusione%2DLuka%2DBar%2DPort%2DAdriauk%2Easp

[livewireplus] 01/12/2022 18:27

Valletta Cruise Port, a subsidiary of Global Ports Holding is honoured to be the winner of the 'World's Best Cruise Terminal for Sustainability 2022' awarded by the 'World Cruise Awards'.https://newsbook.com.mt/en/valletta-cruise-port-wins-worlds-best-cruise-terminal-for-sustainability-award/

[livewireplus] 24/11/2022 10:04

Indeed ... luck is important with so many black swan events nowadays. Yes there does seem to be a lot of auto trader with this share.Let the luck run as we're now over a quid for the share price :-) that'll subsidize a liquid lunch for me today:-)

[jun_man] 22/11/2022 12:14

Ha - that's just luck, but being lucky never hurt anyone in this game...

Interesting side note is there are very high trade volumes today, no clue why in particular, looks like algo / machine trading from the flags and frequency. I am not expert enough to draw any conclusions however.

[livewireplus] 21/11/2022 16:33

Now it's a bit over the 90's so good timing from you :-)

[jun_man] 18/11/2022 13:07

Yes, hopefully no (or limited) investment required!

I've added some more at a bit over 80p / share. I'm more confident in share price growth now, but not able to predict exactly when, I'd expect some time in the next six months. I don't want to get the timing wrong on that.

[livewireplus] 14/11/2022 07:11

RNS out re Prince Rupert Cruise Port, British Columbia, Canada: Signs First North American Cruise Port Concession

[jun_man] 10/11/2022 10:51

Yes, no surprises. I think the latest is that the Nassau Cruise Port works will be done by Q1 next year, so hopefully then cash will be deployed to repay debt and bring down leverage. Still north of 10x net debt/EBITDA, but that was expected. Onwards.

[livewireplus] 10/11/2022 07:28

Reasonable RNS out this morning for the 'Trading Statement for the six months to 30 September 2022'

[jun_man] 18/10/2022 11:49

GPH put out a brief RNS yesterday with information on expected cruise calls (and implied passenger numbers) for 2023.

The datapoint itself seems positive, but I was more encouraged by the seeming change in the approach to IR. It seems that the company is more alive to getting comms out that will help boost the share price. My biggest concern about this stock is the risk of a low buyout from the majority shareholder. The Board appears to have decided that the better strategy is to demonstrate to the market that the company is undervalued.

The significant challenges around leverage and cashflow remain, but I hope this approach continues. I still think there's a 2025 light at the end of this tunnel.

[km18] 19/8/2022 15:22

Global Ports Holdings issued a trading statement for the 3 months to June 30th this morning. Cruise passenger volumes for the 3M period ending 30 June 2022 rose 2658% compared to the comparable period last year and were down just 29% from 2019 levels. Adjusted Revenue was USD 27.1m, an increase of 465% on the comparable period. Segmental EBITDA for the 3M period was USD 17.1m compared to a loss of USD 0.8m in the comparable period. So the business is recovering solidly but not yet back to pre-COVID levels. Current trading remains in line with recent guidance, passenger volume is expected to be well in excess of 7 million passenger calls in FY23, with revenue per passenger expected to grow by mid-single digits vs FY19. The Group should return to statutory profit in FY23, although there are obvious risks, not least the possibility of renewed COVID waves and the weakening macro environment. The Group has not managed to post a profit since FY19. The balance sheet also looks a little fragile with net debt up to $494m at end FY22. There is no rush to buy here...

...from WealthOracle

[km18] 19/8/2022 15:22

Global Ports Holdings issued a trading statement for the 3 months to June 30th this morning. Cruise passenger volumes for the 3M period ending 30 June 2022 rose 2658% compared to the comparable period last year and were down just 29% from 2019 levels. Adjusted Revenue was USD 27.1m, an increase of 465% on the comparable period. Segmental EBITDA for the 3M period was USD 17.1m compared to a loss of USD 0.8m in the comparable period. So the business is recovering solidly but not yet back to pre-COVID levels. Current trading remains in line with recent guidance, passenger volume is expected to be well in excess of 7 million passenger calls in FY23, with revenue per passenger expected to grow by mid-single digits vs FY19. The Group should return to statutory profit in FY23, although there are obvious risks, not least the possibility of renewed COVID waves and the weakening macro environment. The Group has not managed to post a profit since FY19. The balance sheet also looks a little fragile with net debt up to $494m at end FY22. There is no rush to buy here...

...from WealthOracle

[livewireplus] 19/8/2022 07:37

RNS put for a Trading Statement for the three months to 30 June 2022

[livewireplus] 09/8/2022 08:54

Today's announcement.... GPH expects to take over operations of the three Canary Island cruise ports in Q4-2022, ahead of the peak winter season for Canary Island cruises.

[livewireplus] 21/7/2022 09:38

What Does the End of the CDC's COVID-19 Program Mean for Cruisers? We Tackle the Burning Questionshttps://www.cruisecritic.co.uk/articles.cfm?ID=7043

[livewireplus] 15/7/2022 11:06

Well bottom ended up at about 70p - but share price is back to about 80p this morning - so well done to anyone who topped-up in the 70's - unfortunately I didn't :-(

[livewireplus] 13/7/2022 16:40

Wasn't expecting another 9p or so off the share price today. Thought it may be just 2 or 3p as there would be a few sellers that digested yesterdays news. Let's see if 80p is indeed the bottom ...

[livewireplus] 12/7/2022 17:16

SP dipped again a bit more after the Alliance News release in afternoon but was stable after that. Let's see what the rest of week brings?

[livewireplus] 12/7/2022 13:05

Presume the price they offered wasn't high enough. At least it shows that the GPH board think share price undervalued. And now it's dropped to low 90's. I'm optimistic that share price will be back to over 125p - but not sure of timeline on that. Did top slice three times recently and topped up a little this afternoon. Time will tell.

[casholaa] 12/7/2022 12:49

It all came to nothing.